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Daily Banking And Financial Awareness MCQ- Set 13

Daily Banking And Financial Awareness MCQ- Set 13

Daily Banking And Financial Awareness MCQ- Set 13

Dear Readers, 
No need to worry about for your upcoming banking exam. Solve the Daily Banking And Financial Awareness MCQ/Quiz from Achiever's Rule. The Banking Articles, Current Affairs Articles must help you to enhance your knowledge for the exams.
Q1.ADB stands for which of the following ?
A.Asian Development Bank
B.American Development Bank
C.Australian Development Bank
D.African Development Bank
E.None of these


Q2.The bank where the majority( more than 50%) stake is hold by Govt. is known as which of the following ?
A.Commercial Banks
B.Government Banks
C.Public Sector Banks
D.Nationalized Banks
E.None of these

Q3.Which of the following terms signifies the difference between the import and export of a country ?
A.Balance of payment
B.Trade Sheet
C.Credit Balance
D.Balance of Trade
E.Balance of Profit

Q4.'Together We Can' is the Tagline of which bank ?
A.Dena Bank
B.Vijaya Bank
C.Canara Bank
D.IDBI Bank
E.Uco Bank

Q5.In which year Indian Overseas Bank is Nationalized ?
A.1968
B.1972
C.1964
D.1966
E.1969

Q6.RBI is going to launch which of the following currency notes for the first time ?
A.Rs. 300
B.Rs. 200
C.Rs. 70
D.Rs. 5000
E.None of these

Q7.Which of the following countries voluntarily contribute first to the UN Tax Fund to help the developing countries ?
A.China
B.USA
C.Russia
D.India
E.None of these

Q8.Which of the following is known as the Money loaned by a bank or other institution which is repayable on demand ?
A.Demand Loan
B.Cash Credit
C.Call Money
D.Short Term Loan
E.Long Term Loan

Q9. DHFL was set up in which year ?
A.1992
B.1979
C.1986
D.1988
E.1981

Q10.Which of the following is/ are the advantage(S) that are offered to a SEZ ?
A.Exemption from Central Sales Tax
B.Exemption from Service Tax
C.Exemption from minimum alternate tax
D.Full Income Tax exemption on export
E.All of these

Q11.SEBI was set up in which year ?
A.1988
B.1984
C.1992
D.1996
E.None of these

Q12.Who is the President of ADB ?
A.Takehiko Nakao
B.Raghuram Rajan
C.Kristalina Ivanova Georgieva
D.Thomas Jordan
E.None of them

Q13.Which of the following statements shows the assets and liabilities of a business at a certain date. ?
A.Account Sheet
B.Accounts Payable
C.Balance Sheet
D.Accounts Receivable
E.None of these

Q14.How is the Interest on the savings bank accounts compounded ?
A.Yearly
B.Half-yearly
C.Monthly
D.Daily
E.None of these

Q15.Which of the following bodies determine Rates of Interest on deposits ?
A.Respective Bank
B.SEBI
C.IBA
D.Government of India
E.None of these

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